ZIP 60514 Housing Market Report
Chicago Metro
Report period: August 2026
60514 Monthly Market Update – August 2026
ZIP 60514 · Last updated Aug 11, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$699,000
0.0%
Median DOM (Sales)
2
−50.0%
New Listings (Sales)
7
−36.4%
Median Rent
$2,400
0.0%
Median DOM (Rental)
1
0.0%
Total Rental Listings
30
+11.1%
Month-over-Month Movement
Median sale prices were flat. Days on market improved. Rents were stable. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Single Family (1 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 5 Beds ($1,595,000 median)
Sales Market Overview
Median Price
$699,000
0.0%
Median DOM
2
−50.0%
New Listings
7
−36.4%
Inventory
31
0.0%
- Average Price: $880,055
- Median Price: $699,000
- Price Range: $159,900 – $2,085,000
- Price per Sq Ft (Avg/Median): $316 / $284
- Square Footage (Avg/Median): 2,844 / 1,990
- Square Footage Range: 970 – 8,395
- Days on Market (Avg/Median): 29 / 2
- Days on Market Range: 1 – 257
- New Listings: 7
- Total Listings: 31
Sales by Property Type
Condo
Avg/Median Price$253,786 / $204,900Range$159,900 – $399,900Price per Sq Ft$210 / $205Sq Ft1,184 / 1,100DOM61 / 33New1Total7
Land
Avg/Median Price$549,667 / $675,000Range$275,000 – $699,000Price per Sq Ft—Sq Ft—DOM25 / 8New0Total3
Single Family
Avg/Median Price$1,151,288 / $899,000Range$449,900 – $2,085,000Price per Sq Ft$346 / $352Sq Ft3,547 / 2,918DOM20 / 1New6Total18
Townhouse
Avg/Median Price$1,044,333 / $1,199,000Range$339,000 – $1,595,000Price per Sq Ft$389 / $436Sq Ft2,501 / 2,750DOM9 / 6New0Total3
Sales by Bedroom Count
1 Beds
Avg:$179,450Median:$159,900Range:$159,900 – $199,000PSF:$185 / $165Sq Ft:970 / 970DOM:91 / 8New:1Total:2
2 Beds
Avg:$283,520Median:$299,900Range:$187,900 – $399,900PSF:$219 / $233Sq Ft:1,269 / 1,287DOM:48 / 33New:0Total:5
3 Beds
Avg:$707,725Median:$699,000Range:$339,000 – $1,199,000PSF:$400 / $356Sq Ft:1,737 / 1,400DOM:34 / 1New:3Total:8
4 Beds
Avg:$1,406,499Median:$1,395,000Range:$499,000 – $2,085,000PSF:$355 / $361Sq Ft:3,827 / 3,674DOM:9 / 2New:2Total:8
5 Beds
Avg:$1,331,167Median:$1,595,000Range:$599,500 – $1,799,000PSF:$311 / $279Sq Ft:4,311 / 3,557DOM:7 / 1New:1Total:3
6 Beds
Avg:$1,474,450Median:$949,900Range:$949,900 – $1,999,000PSF:$205 / $173Sq Ft:6,948 / 5,500DOM:11 / 1New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $179,450 | $159,900 | $159,900 – $199,000 | $185 / $165 | 970 / 970 | 91 / 8 | 1 | 2 |
| 2 Beds | $283,520 | $299,900 | $187,900 – $399,900 | $219 / $233 | 1,269 / 1,287 | 48 / 33 | 0 | 5 |
| 3 Beds | $707,725 | $699,000 | $339,000 – $1,199,000 | $400 / $356 | 1,737 / 1,400 | 34 / 1 | 3 | 8 |
| 4 Beds | $1,406,499 | $1,395,000 | $499,000 – $2,085,000 | $355 / $361 | 3,827 / 3,674 | 9 / 2 | 2 | 8 |
| 5 Beds | $1,331,167 | $1,595,000 | $599,500 – $1,799,000 | $311 / $279 | 4,311 / 3,557 | 7 / 1 | 1 | 3 |
| 6 Beds | $1,474,450 | $949,900 | $949,900 – $1,999,000 | $205 / $173 | 6,948 / 5,500 | 11 / 1 | 0 | 2 |
Rental Market Overview
Median Rent
$2,400
0.0%
Median DOM
1
0.0%
New Listings
16
Inventory
30
+11.1%
- Average Rent: $2,753
- Median Rent: $2,400
- Rent Range: $1,250 – $4,043
- Rent per Sq Ft (Avg/Median): $3 / $3
- Square Footage (Avg/Median): 1,100 / 1,148
- Square Footage Range: 542 – 1,693
- Days on Market (Avg/Median): 17 / 1
- Days on Market Range: 1 – 119
- New Listings: 16
- Total Listings: 30
Rentals by Property Type
Apartment
$2,600
Median DOM: 1
Inventory: 25
MoM: 0.0%
Condo
$2,200
Median DOM: 1
Inventory: 1
MoM: 0.0%
Single Family
$2,295
Median DOM: 4
Inventory: 4
MoM: 0.0%
Townhouse
—
Median DOM: —
Inventory: —
MoM: 0.0%
Apartment
Avg/Median Rent$2,770 / $2,600Range$1,795 – $4,043Rent per Sq Ft$3 / $3Sq Ft1,067 / 1,050DOM18 / 1New14Total25
Condo
Avg/Median Rent$2,200 / $2,200Range$2,200 – $2,200Rent per Sq Ft$2 / $2Sq Ft1,206 / 1,206DOM1 / 1New1Total1
Single Family
Avg/Median Rent$2,786 / $2,295Range$1,250 – $3,900Rent per Sq Ft$2 / $2Sq Ft1,271 / 1,152DOM16 / 4New1Total4
Rentals by Bedroom Count
1 Beds
Avg:$2,279Median:$2,100Range:$1,250 – $4,043PSF:$3 / $3Sq Ft:839 / 750DOM:15 / 1New:5Total:12
2 Beds
Avg:$3,213Median:$3,594Range:$1,828 – $3,938PSF:$3 / $3Sq Ft:1,189 / 1,206DOM:2 / 1New:9Total:11
3 Beds
Avg:$2,666Median:$2,400Range:$2,295 – $3,700PSF:$2 / $2Sq Ft:1,319 / 1,200DOM:48 / 15New:1Total:6
4 Beds
Avg:$3,900Median:$3,900Range:$3,900 – $3,900PSF:$2 / $2Sq Ft:1,693 / 1,693DOM:4 / 4New:1Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $2,279 | $2,100 | $1,250 – $4,043 | $3 / $3 | 839 / 750 | 15 / 1 | 5 | 12 |
| 2 Beds | $3,213 | $3,594 | $1,828 – $3,938 | $3 / $3 | 1,189 / 1,206 | 2 / 1 | 9 | 11 |
| 3 Beds | $2,666 | $2,400 | $2,295 – $3,700 | $2 / $2 | 1,319 / 1,200 | 48 / 15 | 1 | 6 |
| 4 Beds | $3,900 | $3,900 | $3,900 – $3,900 | $2 / $2 | 1,693 / 1,693 | 4 / 4 | 1 | 1 |
6-Month Sales Trend
Mar 2026
Median Price:$799,000Median DOM:12New:11Total:31
Apr 2026
Median Price:$799,000Median DOM:8New:12Total:35
May 2026
Median Price:$699,900Median DOM:5New:16Total:37
Jun 2026
Median Price:$795,000Median DOM:4New:15Total:37
Jul 2026
Median Price:$699,000Median DOM:4New:11Total:31
Aug 2026
Median Price:$699,000Median DOM:2New:7Total:31
6-Month Rental Trend
Mar 2026
Median Rent:$2,058Median DOM:1New:12Total:23
Apr 2026
Median Rent:$2,700Median DOM:4New:15Total:26
May 2026
Median Rent:$2,400Median DOM:1New:13Total:25
Jun 2026
Median Rent:$2,229Median DOM:1New:13Total:27
Jul 2026
Median Rent:$2,400Median DOM:1New:18Total:27
Aug 2026
Median Rent:$2,400Median DOM:1New:16Total:30
Key Market Takeaways
Median sale prices held steady this month while inventory remained stable. Days on market declined, signaling improving buyer activity. Rental pricing remained stable, while total rental inventory increased.
Market data is only valuable if you act on it. With pricing stabilizing and days on market shifting, this is the type of environment where disciplined investors find their edge.
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